Michigan Laws 45.594 – Cost of system
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The following may be included as part of the cost of a system funded under this act:
(a) Engineering fees.
Terms Used In Michigan Laws 45.594
- system: means all plants, works, instrumentalities, properties, rights, processes, and contracts used or useful in connection with the collection, transportation, recycling, processing, storing, or disposing, by treatment, incineration, or otherwise, of solid waste, or as may be provided in a solid waste management plan or update of a solid waste management plan approved for a county pursuant to part 115 (solid waste management) of the natural resources and environmental protection act, Act No. See Michigan Laws 45.582
(b) Legal fees.
(c) Administration expenses before and during the period of construction.
(d) Feasibility study costs.
(e) Grant application costs.
(f) Financing costs.
(g) A reasonable amount for contingencies or reserves, or both.
(h) Interest on bonds to be issued.
(i) Expenses of operation and management.
(j) Other costs incident to the acquisition and financing of the project.